17013 Palm Dr Desert Hot Springs, CA 92240
- Land
- 3.00 lot acres
Current Use by Public Records
- Land
Property Details for 17013 Palm Dr
- Lot size
- 3.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents 3 to 85 acres of fee-simple land in Desert Hot Springs, CA, with a permitted BP zoning designation. Located in Riverside County, near the I-10 freeway and Palm Springs International Airport, this property offers unparalleled access to major transportation arteries and boasts a strategic location within a rapidly growing area. The land is suitable for a variety of commercial and industrial uses, including big-box development, retail pads, and indoor storage facilities. Utilities such as electricity and cable are already available on-site, and future city plans include the addition of a 24-inch water line and sewer system. This presents a rare opportunity to acquire a large parcel of land in a tight market, poised for significant development and growth. The area is experiencing eastward expansion, driven by market conditions, making this property an ideal location for businesses seeking to capitalize on the region's burgeoning economy. The property's proximity to major transportation hubs, including the I-10 freeway and Palm Springs International Airport, provides easy access to both local and national markets. The city of Desert Hot Springs is actively promoting business development, offering a supportive environment for new ventures. The site's potential for various uses, including industrial, business park, research and development, flex space, and retail, further enhances its investment appeal. The land is priced competitively at $2 to $6 per square foot, making it an attractive proposition for developers and investors alike. The sale is structured to facilitate a 1031 exchange. This property is ideally situated to serve both California and Arizona markets, benefiting from a strong labor market and affordable housing options. The area also offers a wealth of workforce training programs. The property's APN is 657-230-022, 017,-010,-009,-020. The address is 17013 Palm Dr, Desert Hot Springs, CA 92240.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Desert Hot Springs
- County
- Riverside
- State
- California
- Longitude
- -116.502
- Latitude
- 33.9243
